"Indorsable" is a word in ENGLISH

The holder of a bill of exchange, promissory note, or check ls the person who bas legally acquired the possession …

Capable of being negotiated; transferable by assigment or indorsement to another person; as, a negotiable note or bill of exchange.

Not negotiable; not capable of passlng title or property by indorsement and delivery

Negotiable, as a note, bill of exchange, or other evidence of property, that may be conveyed from one person to …